The US Federal Reserve is expected to embrace a new global framework that requires giant financial institutions to hold extra capital, The Wall Street Journal reported Monday.
GENEVA (AFP) – Central bank governors agreed Saturday on ways to help reduce the "moral hazard" of leading banks whose failure would bring chaos to world finance.
LONDON (Reuters) - Global banking regulators are discussing how to use extra capital cushions as a means of stopping very big lenders getting even larger, a source familiar with the talks said on Friday.
G20 finance ministers Saturday agreed tougher rules for big financial firms blamed for the global economic crisis as they tackled the problem of companies deemed "too big to fail".
G20 finance ministers Saturday agreed tougher rules for big financial firms blamed for the global economic crisis as they tackled the problem of companies deemed "too big to fail".